Disliked{quote} Congrats real Geppy, why did you close your position too early? Somewhat less confident? Do not forget that you can hold the position until 1000 pips.Ignored
check out my blog: forexmademillionaire dot com
Will Geppy 127 this week? 2 replies
Geppy - Pick the bottom 18 replies
Lets Talk GBP/JPY "the geppy" 156 replies
geppy is "ugly" when ? 14 replies
Geppy outlook 0 replies
Disliked{quote} Congrats real Geppy, why did you close your position too early? Somewhat less confident? Do not forget that you can hold the position until 1000 pips.Ignored
Disliked{quote} You rock Bud! Take the profit that Market given U. That was the lesson that We have taken from U. Don't let your Ego eat U! Geppy is the Winner now. Chart GBPJPY To-die! {image}Ignored
Dislikedin a counter buy trade now from 137.50 moved to BE ( risky but ok as be) then go short again with trend. None this martingale rubbish.Ignored
Disliked{quote} Agreed with you. Wait until EU open/US open, the pound pairs may continue heading lower. I think that's why Geppy banked his profit from GBP short. Saving ammo for the next firing round .Ignored
Disliked{quote} I don't think it's that risky. Here's what I'm seeing (and why I took profit): {image} So a bounce seems about right but I'd be looking to short above 138.Ignored
DislikedMany can make 500% in a day but a few can make 0.5 to 1% CONSISTENTLY. To make 2-3% consistently a trader needs to be prepared to risk at times 5-10% per day, of course that should not happen often, but can happen and they need to be prepared.Ignored
Disliked{quote} If you really can make 0.5 to 1% CONSISTENTLY, then you can make any number CONSISTENTLY, 500% or 1000% CONSISTENTLY just by taking a 1000x leverage as long as it's allowed and your equity never get margin called. Consistency is subjective and needs a reference period (you need to define the consistency as the performance like daily, weekly, or monthly returns over certain period like 1, 2, or 3 years). Statistically, we often use Sharpe ratio, Information ratio, Calmar Ratio plus a benchmark security to judge the relative consistency based...Ignored
Disliked{quote} If you really can make 0.5 to 1% CONSISTENTLY, then you can make any number CONSISTENTLY, 500% or 1000% CONSISTENTLY just by taking a 1000x leverage as long as it's allowed and your equity never get margin called.Ignored
DislikedJust a quick comment on the criticism on Geppy being overtrading he received last week. We can see now this might not be the case. Swing traders might open a lot of trades in short period of time (scaling in / averaging) and then hold them for a while waiting for next leg up/down or until TP is hit. So you need to divide the number of trade over entire trading time to then able to judge if a swing trader overtrade or not (not only mention that different timeframe will also a factor, i.e. 4H swing trader will obviously being deemed overtrade compared...Ignored
DislikedJust a quick comment on the criticism on Geppy being overtrading he received last week. We can see now this might not be the case. Swing traders might open a lot of trades in short period of time (scaling in / averaging) and then hold them for a while waiting for next leg up/down or until TP is hit. So you need to divide the number of trade over entire trading time to then able to judge if a swing trader overtrade or not (not only mention that different timeframe will also a factor, i.e. 4H swing trader will obviously being deemed overtrade compared...Ignored
Disliked{quote} May be you are right Sir, but take look at this, how many trades that Geppy had in a day? 7 trades in just one day in July 22 that he hold for 4 days. In another day? How many? That will increase risk significantly day by day after adding another position. In my opinion, Yes. Geppy being overtrading. The only way to see how much risk that Geppy would take in the day is by showing his stop loss. {image}Ignored
DislikedMan I suck at counter trend trading. lol Bed time for me, kiddos. Enjoy the markets.Ignored